It's About Time. Nike's Back to the Future Shoe, Campaign and Charitable Auction.

To raise funds for Michael J. Fox's Foundation for Parkinson's Research, Nike designed 1500 pairs of Nike MAG shoes based on the kicks worn by Fox's character Marty McFly in the original movie, "Back To The Future" to be auctioned off on ebay and at select Niketown stores.

The project consists of the shoe auction, a short film, poster designs, ceramic models of the shoe, souvenir pins and impressive displays- complete with DeLorean, flux capacitor, hoverboard and more.

The MAG shoes feature an electroluminescent outsole, spage-age materials and a rechargeable internal battery good for 3,000 hours. Designed by Tinker Hatfield and Tiffany Beers, the Nike shoes took six years, three restarts and thousands of hours. Not recommended for athletics, it's a coveted collectible by both entertainment industry and sneaker freakers.

above: Tiffany Beers and Tinker Hatfield designed the collectible shoe

By now, all of the shoes have been auctioned off, but the Wieden + Kennedy two minute film featuring Bill Hader with Christopher Lloyd reprising his role as Dr. Emmett Brown is quickly climbing the viral charts:

2011 Nike Mag Price InfographicFor sneaker collectors and enthusiasts curious about the recent 2011 Nike MAG developments, a pricing infograph has surfaced courtesy of Fordham University Graduate School of Business student, Zach Kingsley:

This piece of information above illustrates the economics of getting a pair in the most popular size 10. The infographic compares the price points of Nike’s coveted shoe against a timeline to see its steady decline. Updated every night, sources of this infograph come from eBay’s completed listings of MAG’s nightly sales.

Poster designs for the Back For the Future Event:above: Back to The Future Nike poster designs by Kate Gibb, Brent Rollins, La Boca and Will Sweeney